Startup Accounting BlogDouble Entry BookkeepingThe most basic concept in accounting is “double entry bookkeeping”. This is a methodology where by using Debits (DR) and Credits (CR), you…Aug 17, 2018Aug 17, 2018
Startup Accounting BlogIs Your Business A Dormant Company?I have many friends who run their own startups that ask me when they need to register with the HMRC to begin filing their taxes and when…Apr 7, 2018Apr 7, 2018
Startup Accounting BlogHow to Reduce Your Taxes Using Capital Allowance?Do you want to know how to lower the taxes that your business pays? One of the ways to do this is by claiming Capital Allowances. Capital…May 1, 2017May 1, 2017
Startup Accounting BlogAccounting Period vs Tax Filing PeriodThe concept of “Accounting Period” is fairly easy to understand. Simply put, it’s the period for which you report your financials (i.e…May 1, 2017May 1, 2017
Startup Accounting BlogSelf Employed in The UK: What Expenses Can You Deduct for Tax?Good news! If you are self-employed (also known as “sole trader” in the UK), you have more tax benefits than you would have as an employee…May 1, 2017May 1, 2017
Startup Accounting BlogHow to Choose a Business Structure for Your UK Business?So you have thought of a great new business idea, and you have decided to build a new startup based on it. What are the key considerations…Feb 13, 2017Feb 13, 2017